Image Credit: Getty Images on Unsplash “While in the hospital I was [racking] my brain on how in the world I could bring in some money and pay our incoming medical bills while staying home with a medically complex child.” That’s how Mallory Rose described the first few weeks with her newborn daughter, who was…
The Australian government is stepping up its financial support for troubled regional carrier REX Airlines. On January 23, 2025, it became known that the Australian administration is allocating A$50 million (around US$31.3 / €30.1 million) to purchase guaranteed debt from the airline’s largest creditor, PAGAC Regulus Holdings (PAG), a private equity firm. As a result,…
CLEO Energy Corp. (“CLEO” or the “Company”) has filed a Notice of Intention to Make a Proposal (the “NOI”) pursuant to section 50.4 (1) of the Bankruptcy and Insolvency Act (the “BIA”) and Alvarez & Marsal Canada Inc. (“A&M”) is acting as Proposal Trustee of CLEO for the NOI process. A sale and solicitation process…
LONDON – SVM UK Emerging Fund PLC, a UK-based investment firm, announced today that its Board of Directors has decided to proceed with a Members’ Voluntary Liquidation ( MVL (NSE:)) following a comprehensive review of the company’s future options. The decision, which aims to realize the company’s investments and return cash to shareholders, comes ahead…